According toNIDEC Chairman Shigenobu Nagamori, the firm will set up five additionalsubsidiaries in Vietnam with the goal to turn the country into notonly a manufacturing hub but also a leading technology research centrein the region.
Within its business strategy with avision for as far as the next 50-100 years, the firm will bring thelatest technology in the field to Vietnam, while extending it operationbeyond production to research and development (R&D) activities aswell as building a distribution network and enhancing human resourcestraining, he said.
NIDEC also plans to establish aSoutheast Asian network with Vietnam playing the central, he said,adding that the corporation will send Vietnamese workers to Japan fortraining to meet the demand of its R&D centres.
Established in 1973, NIDEC Corporation has presented in Vietnamsince 1990. The corporation’s 69 year-old Chairman of the board,President and CEO has been ranked 23rd among the 50 richest people inJapan in 2013 by Forbes magazine.-VNA